Creating practical value for holders, Uwerx is an upcoming decentralized freelancing platform that has caught our eyes. Created for an industry that is expected to grow as much as $455.2 billion in 2023, this creates massive expansion opportunities for Uwerx.
Uwerx (WERX): Disrupting Traditional Platforms
Freelancing platforms like UpWork and Fiverr work on the principle of being the middleman to connect service providers and those seeking these. Borderless and global, freelancing platforms’ business model depends on taking a commission from all the sales made. Sounds reasonable, but only on paper.
With major platforms charging as much as 20%, they take a significant chunk of freelancers’ earnings. Similarly, the ranking scores for freelancers appear to be justified at first glance. However, it is exploited through the bidding system, where lower ranked workers are given the chance of grabbing projects. But we all know that the bidding system is just another way to earn money for the platforms.
Uwrex will significantly reduce this to a small 1%, thanks to blockchain technology. Decentralized, efficient, and transparent in its dealings, Uwerx gives a better alternative. Using decentralization blockchain , Uwerx will provide benefits of fraud protection by cementing all records in the ledger, beefing up security and transparency of transactions.
Running as the utility token, the WERX will act as a means of payment on the platform. This means instant transfers and no waiting period for payment release, unlocking immediate access for freelancers. The upcoming platform is preparing for a presale of WERX, priced at only $0.005. We believe that with the potential to grow immensely, this is one of the most promising investment opportunities in the crypto space.
Lido DAO (LDO) Grows
Lido DAO (LDO) crypto, has risen in ranks swiftly, especially since after Ethereum (ETH)’s move from Proof-of-Work to Proof-of-Stake.
Normal staking of Ethereum (ETH) for crypto lending and other activities comes with limitations, such as a higher minimum limit, locked time when the funds are not accessible and principal amount plus interest paid out only at the end of tenure. Lido DAO (LRC) effectively counters this with its liquid staking mechanism that carries no minimum deposit, compounding daily interest, and the ability to withdraw at any time.
No wonder that even with the bear market, Lido DAO (LRC) is still going strong. The platform hit the 2022 Q4 high of daily active users in mid-November, a time when the FTX collapse had everyone scared. Though not anywhere near its ATH of $6.48, it still stands a chance to jump to as much as $3.5 in 2023.
Uwerx (WERX) Will Dominate Crypto Market
Though estimated to give an average 168% return this year, Lido DAO (LRC)’s excellent performance may be lackluster when compared to Uwerx.
Many experts believe that Uwerx can rise to roughly the same predicted value as Lido DAO (LRC), the overall percentage gain is significantly different with an estimated 25,000% return if it does so (from $0.005 to $2.5).
Built for the freelancing market, Uwerx looks set to capture the freelance industry in addition to presale investors – it will attract freelancers and buyers from all over the world with its cheaper fees, faster operations, and transparency. This will definitely put upward pressure on the WERX token.
Doing one more, Uwerx will eventually cut off the tax structure and handover the contract control to its users in line with the spirit of decentralization. The contract ownership will also be renounced prior to the project launching on Centralized Exchanges.
True, Lido DAO (LRC) has its advantages, such as passive income through liquid staking and governance opportunities as it’s a DAO, but even if the market booms, its rise will be overshadowed by Uwerx growth (LRC’s predicted 168% growth against WERX’s estimated 8,000%). We recommend you get in on the presale whilst you can, follow the links below:
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
